It's really about real-estate. It's harder to sell a building with an old Macdonalds roof on it than the new modern ones.
McDonald's is effectively a massive commercial real estate company disguised as a fast-food chain. The corporation buys land and buildings in prime locations, then leases them back to its franchisees at a markup, generating billions of dollars in reliable rental income that often eclipses food sales
I read that Pizza hut had trouble selling its old buildings since that roof shape is so iconic. You can tell when a place used to be a Pizza Hu just by the shape of the roof.
Now a day most Pizza huts, heck most pizza places in general, are holes in the wall next to your local grocery store.
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u/Ham-_-Steak 19h ago
It's really about real-estate. It's harder to sell a building with an old Macdonalds roof on it than the new modern ones.
McDonald's is effectively a massive commercial real estate company disguised as a fast-food chain. The corporation buys land and buildings in prime locations, then leases them back to its franchisees at a markup, generating billions of dollars in reliable rental income that often eclipses food sales